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CEOs of Meta, TikTok, X, Snap and Discord testify at hearing on child safety - TL;DR CNBC

CEOs of Meta, TikTok, X, Snap and Discord testify at hearing on child safety

Publishing timestamp: 2024-01-31 11:06:01


Summary

The article discusses executives from various social media platforms testifying before the Senate Judiciary Committee about safeguarding children on their platforms. Lawmakers are concerned about the prevalence of child sexual exploitation on social media apps. The hearing aims to inform legislation to compel companies to do more to protect children. While the news of the hearing and related lawsuits has not impacted investor confidence, the companies are facing legal challenges related to the well-being of children on their platforms. Proposed bills are being considered to address child exploitation, but privacy advocates have raised concerns about potential censorship and privacy issues. The executives detailed their efforts to combat child exploitation and emphasized their commitment to child safety.


Sentiment: MIXED

Tickers: METASNAP

Keywords: social issuessnap inccatastropheevan spiegelinternetsocial mediatechnologybusiness newsmobilepoliticsmeta platforms incbreaking news: politicsmark zuckerbergbreaking news: technology

Source: https://www.cnbc.com/2024/01/31/ceos-of-meta-tiktok-x-and-other-social-media-firms-to-testify-at-hearing-on-child-safety.html


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